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Search resuls for: "Apple Music"


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Auto, travel firms weigh on European shares ahead of ECB meeting
  + stars: | 2021-06-10 | by ( Sruthi Shankar | ) www.reuters.com + 0.00   time to read: +2 min
(Reuters) -European stocks slipped on Thursday as automakers and travel stocks fell after a recent run of gains, while investors counted on the European Central Bank to maintain an accommodative policy stance at a meeting later in the day. Automakers fell for the third straight day, while travel and leisure stocks dropped 1.1% following recent gains for the sectors on optimism about economic re-openings. Euro zone stocks fell 0.2% ahead of the ECB’s policy decision and its projections for euro zone economic growth and inflation. The meeting comes as recent data from across the globe point to building inflationary pressures, particularly in commodities, as economies recover from long COVID-19 lockdowns. Euro zone inflation last month exceeded the central bank’s target of just under 2%, a mark it has undershot for most of the last decade.
Persons: Christine Lagarde’s, pare Organizations: Reuters, European Central Bank, REUTERS, Staff, Volkswagen, RBC Capital Markets, BT Group, Altice, Spotify, Apple Music Locations: Frankfurt, Germany
(Reuters) -European stocks inched to fresh peaks on Thursday as the European Central Bank raised its recovery outlook and promised to keep ample stimulus flowing, while travel stocks fell after a recent run of gains. REUTERS/StaffThe pan-European STOXX 600 index was up just 0.1%, but at a fresh record high of 455.76 points, while the narrower index of euro zone stocks fell 0.1%. The central bank now sees 2021 euro zone economic growth at 4.6%, above the 4% projected in March. “The ECB’s main mission today was to avoid any taper talk and not harm the still tentative economic recovery or allow bond yields to surge prematurely,” said Carsten Brzeski, global head of macro at ING. “It accomplished its mission: the ECB seems to have bought some time without starting the taper talk.”Interest rate-sensitive banking stocks rose 0.4%, while tech stocks rose 0.9%.
Persons: Christine Lagarde, , Carsten Brzeski, pare Organizations: Reuters, European Central Bank, REUTERS, Staff, ECB, ING, Federal Reserve, Volkswagen, BT Group, Altice, Spotify, Apple Music Locations: Frankfurt, Germany
Auto, oil firms weigh on European shares ahead of ECB
  + stars: | 2021-06-10 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)June 10 (Reuters) - European stocks inched lower on Thursday as energy and automakers’ shares slipped, with investors focused on a European Central Bank meeting later in the day. The pan-European STOXX 600 index slipped 0.1% by 0713 GMT, snapping a four-day winning streak. Automakers slid nearly 1%, while oil and gas sector shed 0.9%. Euro zone stocks fell 0.2%, ahead of the ECB policy decision and its projections for economic growth and inflation. French digital music company Believe, which helps to distribute music via deals with platforms such as Spotify and Apple Music, dropped 10.2% in its stock market debut.
Persons: Sruthi Shankar, Sriraj Kalluvila Organizations: , European Central Bank, BT Group, U.S, Altice, Spotify, Apple Music Locations: Bengaluru
Apple Music with Dolby Atmos spatial audio Todd Haselton | CNBCApple rolled out a really cool new Dolby Atmos surround sound feature to Apple Music this week that might help it attract and keep subscribers as it competes with streaming music leader Spotify. But there's a noticeable difference between regular stereo music and these new "Spatial Audio with support for Dolby Atmos" songs. It's probably not enough alone to get people to subscribe to Apple Music -- at least not yet -- but it's a nice added benefit for people who already have Apple Music to get more out of the service. Apple Music with Dolby Atmos spatial audio Todd Haselton | CNBCIt's easy to try Dolby Atmos spatial audio in Apple Music. But I recommend starting with the "Hits in Spatial Audio" playlist, which provides an audio example of stereo vs. Dolby Atmos.
Persons: Todd Haselton, Dolby, It's, Max that's, Pro Max, iPads Organizations: Apple, CNBC Apple, Apple Music, Spotify, Amazon Music, AirPods, CNBC, Pro, Solo3, Powerbeats3
CMT to honor Black country music pioneer Linda Martell
  + stars: | 2021-06-08 | by ( The Associated Press | ) www.nbcnews.com + 0.00   time to read: +2 min
NEW YORK — Linda Martell, one of the pioneers for Black acts in country music and the first Black woman to perform solo at the Grand Ole Opry, will be honored at the 2021 CMT Music Awards. Michael Ochs Archives via Getty ImagesCarrie Underwood and Jennifer Nettles, last year’s CMT Equal Play Award recipient, will also honor Martell. The title track — a country cover of The Winstons’ R&B hit — became her biggest hit-to-date on the Billboard country music charts, reaching No. “A woman of color, if you go into country music — if the record stations don’t play you, you’re not going anywhere. But don’t give up.”Martell eventually left country music, though her name — and legacy — has come to light recently.
Persons: Linda Martell, Mickey Guyton, Martell, Darius Rucker, Rissi Palmer, Rhiannon Giddens, Michael Ochs, Carrie Underwood, Jennifer Nettles, , ” Martell, , , ’ You’re, , you’re, Brace, don’t, Palmer, Guyton, Martell hadn’t, Marquia Thompson Organizations: Grand Ole Opry, CMT, Getty, Billboard, Blues, Wings, Apple Music, Facebook, Twitter Locations: Nashville, Tenn
The Rolling Stones and Tom Jones are among 75 artists who have added their names to a letter to Prime Minister Boris Johnson, urging him to change the law regarding the royalties paid from streaming. Other new signatories include Pet Shop Boys, Yoko Ono, Van Morrison, Barry Gibb, Emeli Sandé and Jarvis Cocker. "Streaming is quickly replacing radio as our main means of music communication. "Today's musicians receive very little income from their performances — most featured artists receive tiny fractions of a U.S. cent per stream and session musicians receive nothing at all." The U.K.'s Department of Culture, Media and Sport has been investigating how music streaming revenues are distributed and whether this is done in a fair manner.
Persons: Tom Jones, Boris Johnson, Yoko Ono, Van Morrison, Barry Gibb, Emeli Sandé, Jarvis Cocker, , They're, Chris Martin, Paloma Faith, Jessie Ware, Boy George, Bob Geldof, Kate Nash, Noel Gallagher, Nadine Shah Organizations: Apple Music, Musicians ' Union, Music Producers Guild, Ivors Academy, Department of Culture , Media, Sport, Google, Spotify Locations: U.S
Apple unveiled its iOS 15 software update during its developer conference on Monday. iOS 15 will feature redesigns and upgrades in FaceTime, Messages, Notifications, and more. Apple unveiled its iOS 15 software update on Monday with upgrades to FaceTime, Maps, Weather, Messages, Photos Wallet, and more. Here are the biggest changes coming to your iPhone through the update, which will likely be made public this fall. A similar folder will be available in your photos app and will include pictures shared with you in text messages.
Persons: FaceTime, Craig Federighi, Apple's, you'll, Federighi, Apple, it's, HBO Max, It's, You'll Organizations: Apple, Tech, Developer's Conference, FaceTime Apple, Software Engineering, Disney Plus, Hulu, HBO, Apple Music, Hyatt Hotels, TSA Locations: London , New York, San Francisco
PARIS (Reuters) -Digital music company Believe, which scouts out singers and helps them to launch online, on Tuesday said it had set the price range for its initial public offering (IPO) in Paris at 19.50 to 22.50 euros per share. Believe, which aims to raise around 300 million euros ($366.8 million) - below the 500 million euros initially planned - said in a statement the price range would give the company a market capitalisation of 1.9 billion euros to 2.1 billion euros. About 15%-18% of the group will be floated, depending on the price range at which shares are sold, its chief executive said. Believe is behind best-selling artists in France like rapper Jul and has been acquiring labels like German hip hop specialist Groove Attack. The company operates partly by targeting lesser-known singers outside the ranks of top global stars.
Organizations: PARIS, Apple Music Locations: Paris, France
PARIS (Reuters) -French digital music company Believe announced on Tuesday that it had reduced its initial public offering target to 300 million euros($367 million), 40% less than it had said last month when it first disclosed its plans for a share listing in Paris. Chief Executive Officer Denis Ladegaillerie told reporters that the more modest target did not reflect any lack of investor appetite. “We reduce the dilution for them, and it is much more effective in creating value for the shareholders who enter today,” Ladegaillerie said. Believe plans to sell a maximum of 15.4 million shares via the listing (IPO), within a price range of 19.50 to 22.50 euros per share, thus giving the company a market value between 1.9 and 2.1 billion euros. It confirmed it was targeting revenue growth at constant exchange rates of around 20% this year, after 2020 sales of 441 million euros.
Persons: Denis Ladegaillerie, ” Ladegaillerie Organizations: PARIS, Apple Music Locations: Paris, France
You can use Apple AirPlay to stream content to your Roku from an iPhone, iPad, or Mac. On an iPhone or iPad, you can also select "Screen Mirroring" in the Control Center to cast your screen to your Roku. Roku models that support AirPlay Not every Roku device supports AirPlay. How to screen mirror from an iPhone or iPad to RokuIf you want to mirror your entire iPhone or iPad screen to your Roku instead of streaming content directly from an app, you can use the "Screen Mirroring" option in the Control Center. How to AirPlay or screen mirror from Mac to RokuJust like on the iPhone and iPad, you can AirPlay or screen mirror from your Mac to Roku.
Persons: HBO Max —, you'll, Melanie Weir, HBO Max, Grace Eliza Goodwin Organizations: Control Center, Hulu, Amazon Prime, Apple Music, HBO, Control, Spotify, Apple, Netflix, Mac, Amazon Locations: Hulu
Digital music company Believe planning Paris stock market listing
  + stars: | 2021-05-10 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: 1 min
PARIS (Reuters) - Digital music company Believe announced on Monday plans for a Paris stock market listing which it hoped would raise around 500 million euros ($608 million) to finance its expansion. Believe’s digital music brands include TuneCore, Believe Distribution Services, Nuclear Blast, Naïve, Groove Attack and AllPoints, which compete in a sector dominated by the likes of Spotify, Apple Music. and Amazon. ($1 = 0.8226 euros)
Organizations: PARIS, Nuclear, Spotify, Apple Music Locations: Paris
Digital music company Believe plans Paris stock market debut
  + stars: | 2021-05-10 | by ( Sudip Kar-Gupta | Gwénaëlle Barzic | ) www.reuters.com sentiment -0.98   time to read: +2 min
PARIS (Reuters) -Digital music company Believe, which scouts out singers and helps them to launch online, on Monday announced plans for a Paris stock market listing aiming to raise around 500 million euros ($608 million) to finance its expansion. Believe is behind best-selling artists in France like rapper Jul and has been acquiring labels like German hip hop specialist Groove Attack. The company operates partly by targeting lesser known singers outside the ranks of top global stars. Believe said streaming would account for 78% of the music market by 2027, reaching an estimated market size of $22.4 billion, up from 62% in 2020. Investment banks working on the Believe initial pubic offering include Citigroup, JP Morgan, SocGen, BNP Paribas, Goldman Sachs, HSBC, UBS and Rothschild.
Persons: Denis Ladegaillerie, “ It’s, , JP Morgan, SocGen, Goldman Sachs Organizations: PARIS, Monday, Apple Music, Citigroup, BNP, HSBC, UBS, Rothschild Locations: Paris, France
Capital Calls: French music IPO hits a minor key
  + stars: | 2021-05-10 | by ( ) www.reuters.com sentiment -1.00   time to read: +1 min
Music group Believe is looking to raise about 500 million euros in a Paris stock market listing to go on an acquisition spree. With sales growing more than 20% a year, Believe reckons its revenue can reach 654 million euros by 2022. That implies an enterprise value to revenue multiple of 3.1 times, assuming a 2 billion euro valuation including cash after the IPO. Bigger rivals Warner Music (WMG.O) and Tencent Music Entertainment (TME.N) are trading at an average of 3.9 times 2022 sales, according to Refinitiv data. And Ladegaillerie may be able to boost sales by snapping up music catalogues, or smaller local rivals like TuneCore.
Persons: Denis Ladegaillerie, Karen Kwok, Elon Musk Organizations: Vivendi, ex, Apple Music, YouTube, Warner Music, Tencent Music Entertainment Locations: France, Paris
The series will explore stories centered around emotional well-being and mental health, according to an Apple TV Plus press release. How to watch 'The Me You Can't See' with Oprah and Prince Harry"The Me You Can't See'' premieres May 21 on Apple TV Plus. Apple is also offering a promotion that gives anyone who's recently purchased a new Apple device a free one-year subscription to Apple TV Plus. You can also try out Apple TV Plus as part of an Apple One plan. Apple One is Apple's bundle of services with Apple Music, iCloud, Apple Arcade, and Apple TV Plus.
Persons: Oprah Winfrey, Prince Harry, Oprah, Lady Gaga, DeMar DeRozan, Langston Galloway, Rashad Armstead, Dawn Porter, Asif Kapadia, who's Organizations: Apple TV, Academy, Apple, Apple Music, Oprah
U.S Bank has launched the brand-new U.S. Bank Altitude® Connect Visa Signature® Card. Read Insider's guide to the best rewards credit cards. New U.S. Bank Altitude Connect Visa Signature CardWelcome bonus and earningAlong with a welcome bonus worth $500, the U.S. Bank Altitude® Connect Visa Signature® Card offers a variety of bonus categories that can help you earn more rewards for your everyday spending. However, the 4x return on travel and at gas stations offered by the U.S. Bank Altitude® Connect Visa Signature® Card is pretty compelling. The U.S. Bank Altitude® Connect Visa Signature® Card also offers a range of Visa Signature benefits, including concierge services, a golf program, access to exclusive food and wine events, and Visa Signature Luxury Hotel Collection perks.
Persons: Read, it's, We're, You'll, isn't, you've, you'll, HBO Max Hulu, Cardholders, Jasmin Baron Organizations: American, U.S Bank, U.S ., Bank isn't, U.S, New U.S, Bank, American Express, Citi, Chase, Netflix, Amazon, Apple Music, HBO, HBO Max Hulu Netflix, YouTube, TSA, Finance
Musicians Say Streaming Doesn’t Pay. Can the Industry Change?
  + stars: | 2021-05-07 | by ( Ben Sisario | ) www.nytimes.com sentiment -1.00   time to read: +2 min
Industry estimates put Spotify’s payout rate for recordings at about $4,000 per million streams, or less than half a cent per stream. In March, Spotify released an online report, “Loud & Clear,” meant to provide detail about its payment structure and respond to musicians’ calls for transparency. It became a Rorschach test over the company’s role as an industry paymaster. To Spotify, the report was proof that its payments are robust, and that a growing number of artists are earning substantial sums. According to Spotify, the music of 57,000 acts make up 90 percent of monthly streams on the platform.
Persons: Europe —, , Charlie Hellman Organizations: of Musicians, Allied Workers, Spotify, Apple Music Locations: Europe
Googlers fight to stay home and Apple goes to court
  + stars: | 2021-05-01 | by ( Alexei Oreskovic | ) www.businessinsider.com + 0.00   time to read: +6 min
Now, some Google employees are up in arms about a new hot-button issue: remote work. Google employees are due back in the office in September, and many are not happy about it. Justin Sullivan/Getty ImagesAs we learned in Google's blowout Q1 results, having employees work from home saves a lot of money. Among the people expected to take the stand are Apple CEO Tim Cook, software boss Craig Federighi (also known as Hair Force One) and Epic CEO Tim Sweeney. Among the people expected to take the stand are Apple CEO Tim Cook, software boss Craig Federighi (also known as Hair Force One) and Epic CEO Tim Sweeney.
Persons: Googlers, Stephen Lam, they're, Hugh Langley, Sundar Pichai, Justin Sullivan, Read, Tim Cook, Craig Federighi, Tim Sweeney, Mark Zuckerberg, Zuck, Feras Antoon, We've, Rich Pedroncelli, Press — Elon Musk, Jensen Huang, Jeff Bezos, Alexei Organizations: Insider Tech, Reuters, Google, Microsoft, Twitter, Apple, Epic, Hair, European Commission, Apple Music, Spotify, Montreal, Press, Nvidia Locations: Oakland , CA, Bay
LONDON — Apple has “abused its dominant position” in the distribution of music streaming apps through its App Store, the European Commission said Friday. The European Commission, the EU’s executive arm, opened an antitrust investigation into the App Store last year, after the music streaming platform Spotify complained in 2019 about Apple’s license agreements. These mean that app developers have to pay a 30 percent commission on all subscription fees that come through the App Store. She added that App Store rules are a concern for many app developers, “because they depend on Apple App Store as a gatekeeper to access users of Apple’s iPhones and iPads.”“This significant market power cannot go unchecked as the conditions of access to the Apple App Store are key for the success of app developers,” Vestager said. The idea is to give smaller app developers the same chance of being found and chosen by consumers.
Persons: , ” Margrethe Vestager, , Apple, ” Apple, Horacio Gutierrez, , Vestager, ” Vestager Organizations: Apple, European Commission, Spotify, European, Epic, Apple Music, European Union, Brussels Locations: U.S
“Welcome 2 America,” by PrincePrince’s Welcome 2 America, an album originally recorded in 2010, is set to be released this July. The singer’s estate has issued a slate of remastered recordings and compilations since his death in 2016, but this project will be Prince’s first studio album to be released posthumously. “Seize the Day,” by Paul McCartney, featuring Phoebe BridgersPaul McCartney has invited a roster of younger musicians to reimagine last December’s McCartney III, his 18th studio album. Rap rock singer Dominic Fike, funk group Khruangbin, rock musician Beck and experimental producer Blood Orange are among the artists featured on McCartney III Imagined. The pair’s precise harmonies and grandiose vocal runs match the over-the-top energy of the song’s suspenseful organ and strings.
Persons: Prince Prince’s, , , Paul McCartney, Phoebe Bridgers Paul McCartney, reimagine, McCartney III, Dominic Fike, Beck, Orange, McCartney, Phoebe Bridgers, Rina Sawayama, Elton John, Elton John’s, John, Sawayama’s, Tirzah, Mica Levi, Coby, Demi Lovato, Ariana Grande Organizations: Apple Music Locations: America, Tirzah
The EU's antitrust chief accused Apple of breaching competition law with its App Store rules. The EU's antitrust chief has accused Apple of breaking European antitrust law. "With Apple Music, Apple also competes with music streaming providers. By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition. Once again, they want all the benefits of the App Store but don't think they should have to pay anything for that.
Persons: Apple, Margrethe Vestager, Vestager, Horacio Gutierrez Organizations: Spotify, Apple, Apple Music, European Commission, Epic, Google, EU Locations: iPads
Apple’s App Store Draws E.U. Antitrust Charge
  + stars: | 2021-04-30 | by ( Adam Satariano | ) www.nytimes.com sentiment -0.98   time to read: +1 min
European Union regulators on Friday accused Apple of violating antitrust laws by imposing unfair rules and fees on the makers of games, dating services, music platforms and other apps that depend on its App Store to reach customers. Europe is seen as a global bellwether on tech policy, but Apple has vowed to fight the charges. With its ability to make or break the business of app developers, Apple is one of the digital economy’s most important gatekeepers. Apple says tight oversight of the App Store ensures customers download high-quality apps, protecting users from viruses, scams and buggy software. They argue it allows Apple to undercut competitors to services like Apple Music and charge an unfair tax on developers.
Persons: Apple, Candy Crush Organizations: Apple, Spotify, Apple Music Locations: Europe, Tinder
Apple found itself in the European Commission's crosshairs after Spotify complained two years ago that the U.S. tech giant unfairly restricted rivals to its own music streaming service Apple Music on iPhones. "By setting strict rules on the App store that disadvantage competing music streaming services, Apple deprives users of cheaper music streaming choices and distorts competition," European Competition Commissioner Margrethe Vestager said in a statement. Apple rebuffed the EU charge. "Once again, they want all the benefits of the App Store but don't think they should have to pay anything for that. Spotify is the market leader in music streaming with 356 million active users and 158 million paid subscribers.
Persons: Dado Ruvic, Apple, Margrethe Vestager, Horacio Gutierrez, Apple's Organizations: REUTERS, Spotify, Apple, EU, Global Affairs, Reuters, Apple Music, Epic Games, Competition, Markets Authority, Thomson Locations: European, U.S, EU
Apple just recorded a 42.5% gross margin for the quarter, the highest in nine years
  + stars: | 2021-04-28 | by ( Ari Levy | ) www.cnbc.com sentiment -0.99   time to read: +1 min
Apple's 38% gross margin was about as certain as death and taxes. In its quarterly earnings report on Wednesday, Apple said that its gross margin — the percentage of revenue left after accounting for the cost of goods sold — jumped to 42.5%. It's the highest margin for Apple since 2012, when the company was less than half its current size. Apple, the most valuable company in the U.S., is squeezing more profit out of its business by getting buyers of its iPhones and iPads to spend more money on services like iTunes, Apple Music, Apple Pay and App Store purchases. In reporting better-than-expected sales and earnings figures for the quarter, Apple said the services business jumped 27% from a year earlier, while its services gross margin expanded to 70% from 65% last year at this time and 64% a year before that.
Persons: Apple, , iPads Organizations: Apple, Apple Music Locations: U.S
Mother’s Day is in just a few weeks — so if you haven’t started thinking about gifts quite yet, you may want to get a plan in place. Last-minute gift shopping can be stressful, , but luckily, there are multiple retailers that can ship a gift in time for Mother’s Day. If you’re doing some last-minute Mother’s Day shopping, we compiled a list of gifts that will arrive at your door — or theirs — in time for the holiday, covering various interests and price points. See our top picks for the best last-minute Mother’s Day gifts below. Best last minute Mother's Day giftsApple recently announced the launch of the new AirTag during its “Spring Loaded” virtual event, and they start shipping out just in time for Mother’s Day.
Persons: haven’t, she’s, Apple, Lindsey Huttner, TOMS, who’s, Caren Campbell, It’s, Kirsten Akens Organizations: Mother’s, Philips, Amazon Music, Apple Music, Spotify, Sirius XM, NBC
Spotify is raising prices for a subscription to its family plan in the US to $15.99. Subscription prices in the UK and Europe are increasing as well. Spotify is upping the prices for some its Premium subscriptions on April 30, affecting users in the US, UK, and Europe. In the UK, prices for Spotify Duo and Student are increasing by one euro per month, to £13.99 ($16.90) and £5.99 ($7.24), respectively, while the family plan will increase by two euros to £16.99 ($20.52). In Europe, the family plan will be €17.99 ($21.73) per month, an increase of 3 euros,according to the Verge.
Organizations: Spotify, Spotify Duo, Apple Music, Apple Locations: Europe, Ireland, Asia, South America
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